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The purpose of this paper is to assess whether loss reserving adjustment exists in the UK general insurance industry … earnings manipulation in the non-life insurance industry and should be of interest to regulators, investors and creditors …. -- loss reserve errors ; earnings distribution ; general insurance …
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still hire few older workers. -- Deferred compensation ; entry age ; fairness ; internal labor markets ; wages …
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theoretical assumptions. -- Mincer equation ; wages ; human capital …
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The standard human-capital model is based on the assumption that the observed wage of an individual is equal to the monetary value of the individual net human-capital productivity, the so-called net potential wage. We argue that this assumption is rejected by the ECHP data for Belgium, Denmark...
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